Valuechain - Nigeria's foremost Online Energy News Platform

May loading worsens country’s sale overhang Over 20 cargo-loads of Nigeria’s crude oil, last weekend, suffered bearish sale unsold over worsening buyers’ apathy, forcing Nigeria to keep the April official selling price (OSP) for the…
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*April cargoes clearing up at market Nigeria’s crude grades may rise above $2 per barrel above dated Brent in May, according to market schedule for May seen by SweetcrudeReports. According to schedule, Exxon Mobil is already offering…
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Nigeria’s oil space dotted by bickering between oil firms and their host communities is worsened by dearth of host community bill. NewTelegraphng.com examines how the World’s biggest single-unit Dangote Refinery copes with this impediment:…
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...Says OPEC/non-OPEC relationship to be captured in charter Dr. Mohammed Sanusi Barkindo is the Secretary-General of the Organization of the Petroleum Exporting Countries, OPEC, appointed to superintend the group’s affairs at the…
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The price of Organization Petroleum Exporting Countries, OPEC basket of fourteen crudes stood at $66.67 a barrel on Friday, compared with $67.78 the previous day, according to OPEC Secretariat calculations. The OPEC Reference…
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Through flaring of 777.37million standard cubic feet of gas daily, Nigeria burnt some 283.740.05 billion scf of gas between December 2017 and December 2018, New Telegraph has learnt. This was revealed in a correspondence exchanged…
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The Nigerian National Petroleum Corporation, NNPC, yesterday, said it has been conferred with the highest discloser status by the global extractive industries watchdog, Extractive Industries Transparency Initiative, EITI. The NNPC, in a…
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The Shell Petroleum Development Company of Nigeria Limited (SPDC) has upped its contractor support fund with $200 million in a latest effort to boost the financial capacity of vendors and suppliers in Nigeria’s oil and gas industry. This…
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The Nigerian National Petroleum Corporation (NNPC) and its joint venture partners on Friday signed the Nigerian Content Plan agreement to move the country closer to the final investment decision (FID) on Train-7 of the Nigeria LNG project.…
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The Nigerian National Petroleum Corporation (NNPC) recorded loses in the region of N551.46bn from January 2015 to December 2018. Details of financial records published on the company’s website revealed that the national oil company…
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